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Freeing up Singapore's power market bittersweet for businesses

They can save on power bills but are overwhelmed by the options and volume clauses in the contracts that can subject them to penalties

Anita Gabriel

Published Thu, May 23, 2019 · 09:50 PM

Singapore

SINGAPORE's liberalisation of the electricity sector - true to its ethos - has been able to save businesses as much as 25-30 per cent in power bills, but many lament that they are confounded by the plethora of choices, be it in terms of electricity retailers or their myriad packages.

A wrong cho…

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